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I would say that a lot of the economy feeling bad is due to shrinkflation and jacked prices which happened during Covid that will never return to “normal.” Even
by noahtallen 3y ago
I would say that a lot of the economy feeling bad is due to shrinkflation and jacked prices which happened during Covid that will never return to “normal.” Even if inflation is normal this year, it will still feel bad compared to recent memory, because in the last couple of years it increased by much more.
There is another aspect where most people I know (including low income in low cost of living areas) can often live comfortably, but some things like buying a house are absolutely less accessible.